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E.2 - - . I n t e r e s t r&te BOARD OF GOVKhFORti OF THE FEDERAL RESERVE SYSTEM BAMK RATES O SHORT-TERM BUSINESS LOANS l / N September 1 - 1 5 , 1 9 5 7 a n d , Juiie 1 - 1 5 # 1 9 5 7 All s i s e s June Sept. 1957 1957 Percentage $1,000-81 Sent. 1957 2.8 69.8 4-,l/2$. •••«••••••••••••••••• Over i ^ r l / 2 and l e s s t h e n 5 % • 59.5 7-3 10.5 5*9 12.lt. 5.2 6.5 0.6 7.1 0.9 2 ^ , 0.1 15.4 5.2 22.1 2.9 4.5 g.9 1.2 100.0 October 10, 1957 d i s t r i b u t i o n of d o l l a r amount by s i z e of loan 0 , 0 0 0 $ 1 0 , 0 0 0 - $ 1 0 0 « 0 0 0 $ 1 0 0 , 0 0 0 - $ 2 0 0 , 0 0 0 $ 2 0 0 p 0 0 0 and over . Septa Sept. June Sept. June June, June 1957 1957 1957 1957 1957 1957 1957 3.9 2.1 Over 5 and l e s s t h a n 5 - 1 / 2 % . 5-1/2% . , Over 5 - 1 / 2 end l e s s than 6%.* - 5*8 2.1 16.1 2.7 38.8 2.9 79.7 9.5 5.1 10.3 8.8 18.6 13.6 28.5 12.6 21.3, 11.1 70.2 6.7 8«7 4.6 .7 .7 .0 .9 24.3 12.0 19.3 2.5 24.6 3.7 8.3 0.9 23.1 9.7 12.0 1.0, 15. 1. 4. 0. 2 3 4 3 9.7 3.8 3.9 0.3 4. 0. 1. 0. 36.7 30.5 16.4 12.0 8.0 6.0 2.0 1.2 0.6 10.5 5.8 4.3 2.2 2.4 1.6 0.5 0.2 100.0 100.0 100.0 100.0 100.0 100.0 100.C 100.0 100.0 Total - Dollar amount*..... • 2 , 5 1 6 , 1 9 8 2,956,475 32,275 36,182 T o t a l - Number of l o a n s , . . . . > y 8,679 9,794 21,813 23,605 1.2 ! 26 2 13 0 J 274,681 288,1C9 6,960 9,426 262,290 1,683 205,818 0 5 0 1 2,006,952 2,406,366 2,491 1,701 2,684 .69 .60 .73 .81' 4 4 4 4 Weighted averager r a t e : 1 9 C i t i e s . • « . . « • • i . e . . .• iU.lio 4*83 5.67 5.37 New.York C i t y . . . . . . . . . . 4.69 lt.23 5.24 5.54 7 N o r t h e r n and E a s t e r n . 4.85 5.69 U.39 5,39 1 1 Southern end Western 5.01 5.42 5.72 U.65 * Doll a r amount a in t h o u s a n d s . l / Based on r e p o r t s by a sample of mainly l a r g e banks in 19 l e a d i n g F e d e r a l Reserve B u l l e t i n , March 1 9 4 9 , ppo 228-237* 5 5 5 5 .29 .24 »3l .31 cities, 4.94 4.86 4.94 4.99 -5.01. 4.93 5.01 . 5.05 4 4 4 4 . . . . 6 4 6 7 i\ 9 4 1 0 4 4 4 4 For a d e s c r i p t i o n of t h e survey, see . . . . 2 1 2 4 3 2 53